Rating Report

Hydro One Inc.: Rating Report

Utilities & Independent Power

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On April 9, 2020, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debentures rating of Hydro One Inc. (HOI or the Company) at A (high) and the Commercial Paper (CP) rating at R-1 (low), all with Stable trends. The confirmations are based on HOI's stable regulated distribution and transmission operations under the Ontario Energy Board (OEB), which provides a steady stream of earnings and cash flow for the Company. The Stable trends reflect HOI's key credit metrics which are expected to remain supportive of the current ratings.

Available Documents

Hydro One Inc.: Rating Report